Cybersecurity issues are a modern-day way of life. Threats to our personal data and information occur daily as hackers and ill-spirited actors work to steal information they can financially capitalize upon. In 2003, The FTC’s Standards for Safeguarding Customer...
Many Homeowners Associations get confused when filing their annual taxes. Inexperienced board members need help understanding which tax reports to file, how to complete Form 1120 and if their HOA income is tax-exempt. Incorrect tax filings result in unexpected fines,...
When you own a small business, tax deductions can lighten your tax burden and save you money. They make the cost of doing business more affordable. The more you understand deductions, the more you use them to lower your total tax liability. In other words, you keep...
Nowadays, multi-level marketing companies are everywhere. Whether MLM is your side hustle or a full-time gig, understanding the tax implications and deduction possibilities is critical to avoid tax audits, penalties and fines. Defining Multi-level Marketing –...
Tax accountants do more than file taxes or manage client tax matters. They are small business advisors that improve productivity and profits. Tax accountants learn every business detail to prepare your company’s tax compliance reports, payroll, bookkeeping, budgeting...
Why does the Internal Revenue Service audit some small businesses and leave others alone? Sometimes it’s a chance, but other financial practices, such as misreporting income, create audit triggers and trouble for small businesses. Learn about six small business audit...
